I have repeatedly argued that naked credit default swaps should be banned.”Naked credit default swaps” is the term coined to describe the situation where the buyer is not the referenced entity.The American government hasn’t banned naked CDS. Instead…
Posts Tagged ‘default’
China Will Allow Credit Default Swaps, As Long As They Are Not Naked
September 15th, 2010 |
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United States Joint Forces Command Warns that Huge U.S. Debt Might Lead to Military Impotence, Default or Revolution
September 11th, 2010 |
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As I have repeatedly pointed out, the American military and intelligence leaders say that debt is the main national security threat to the U.S.As I noted in February 2009 and again last December, a number of high-level officials and experts are warning…
Changing where Chrome downloads files to
July 20th, 2010 |
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If you’re unfamiliar with a new browser, sometimes finding where you downloaded the first couple of files can be a hassle. Or perhaps the default location for the browser dumps files in a inconvenient location, such as the wrong hard drive. The default download location for Google’s Chrome browser is C:\Users\”user name”\Downloads (for Windows Vista [...]
IBM Adopts Firefox as Its Default Browser
July 1st, 2010 |
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IBM has standardized on the Mozilla Firefox Web browser as the default browser for its employees. Big Blue says the Firefox browser is standards-compliant, enterprise-ready and provides an on ramp to cloud computing. – IBM has standardized on the Mozilla Firefox Web browser as the default browser for its employees.
In a July 1 blog post,
Bob Sutor, vice president of open source and Linux in IBM Software
Group, said: “Were officially adding a new piece of software to the
list of default common applications we e…
China Becoming Target of Credit Default Swaps
July 1st, 2010 |
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As I noted on May 5th, France is in more trouble than most realize.And as I (and many others) have pointed out, China isn’t necessarily the unstoppable powerhouse that people assume.Today, Tyler Durden reported on a startling development: This week’s D…
Microsoft Urges iPhone 4 Users to Make Bing Their Default Search
June 25th, 2010 |
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Microsoft June 24 suggested users of Apple’s newly launched iPhone 4 should upgrade to its Bing search engine, though Google remains Apple’s default search service for the iPhone and iPad. Meanwhile, the upgraded Bing app for iPhone and iPod Touch lets users connect their Facebook and Twitter accounts and see friends’ status updates from within the Bing app. The Bing team also upgraded its mobile browser, m.bing.com. – Microsoft June 24 suggested users of Apple’s newly launched iPhone 4 should upgrade to its Bing search engine, which just
upgraded its iPhone app and general mobile search application.
While Google remains Apple’s default search service for
the iPhone and iPad, the Bing team reminded users that i…
No Bing Default for the iPhone, but Microsoft Cheers Anyway
June 8th, 2010 |
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Microsoft said it is thrilled to have its Bing search engine included for the first time as an option on Apple’s Safari Web browser on iPhone, iPad, iPod Touch and within the Safari browser on the Mac and PC. Apple CEO Steve Jobs proclaimed the news June 7 at Apple’s developer conference. The news ends speculation dating back to January that Bing would replace Google as the default search engine on the iPhone, a move Jobs denied last week at the D8 conference. –
Microsoft said it is thrilled to have its Bing search
engine included for the first time as an option on Apple’s Safari Web browser on
iPhone, iPad, iPod Touch and within the Safari browser on the Mac and PC.
Apple CEO Steve Jobs made his brief
endorsement that Bing would join the defa…
Default, and other dogmas
May 13th, 2010 |
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The experience of ex-communist countries in the 1990s undermines many of the claims now made about Greece
FOR anyone from the ex-communist world with a medium-term memory, the frantic efforts under way to save Greece (and the other wobbly southern members of the euro zone) are rather puzzling.
…
California Is More Likely to Default than Iceland or Iraq
May 12th, 2010 |
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The Federal Reserve isn’t the only one who owns credit default swaps betting that California will default.As Ed Harrison points out, credit default traders have now ranked California in the list of top 10 governments most likely to default, with a 20% …
T-Mobile Makes Google Default Search, Replacing Yahoo
March 7th, 2010 |
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T-Mobile USA has replaced Yahoo with Google as its default search engine on mobile phones, such as BlackBerry smartphones. Yahoo says it will continue to work with T-Mobile, citing the recent partnership on Yahoo Mail and Yahoo Messenger and on content services such as the placement of various Yahoo services on T-Mobile’s Web2Go portal. Default search deals significantly improve search engine market share, as users are more likely to carry out searches through the search engine presented by the browser.
– Wireless carriers AT amp;T and T-Mobile are playing a game of musical
default search engines, giving and taking away in a fun display of mobile phone
brinksmanship.
Days after iPhone carrier AT amp;T said it had chosen Yahoo as the default search
engine for the Android-based Motorola Backflip, T…
What Do Rising Sovereign Credit Default Swaps Mean?
February 8th, 2010 |
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Here are the CDS of Greece, Portugal, Spain and the U.S.:[click here for full image]Rolfe Winkler argues that – in the short-run – the PIIGS countries (Portugal, Ireland, Italy, Greece and Spain) will slash their budgets and get bailed out by the EU.S…
Microsoft, Apple Could Make Bing an iPhone Default, Says Report
January 21st, 2010 |
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Microsoft and Apple are possibly engaged in discussions to make Bing the iPhone’s default search engine, according to an online report. Although Microsoft has refused to confirm the rumor, porting Bing onto the iPhone would likely increase Microsoft’s market share in the U.S. mobile search space, where it lags behind Google.
– Apple is allegedly engaged in discussions with Microsoft to use Bing as the
iPhones default search engine, according to a
Jan. 20 story published in BusinessWeek, which drew its information from
quot;two people familiar with the matter. quot;
quot;Apple and Google know the other is their prima…
Google Gmail Switches HTTPS to Always On by Default
January 13th, 2010 |
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HTTPS is now the default setting for Gmail users. Google’s security decision follows revelations of efforts by attackers to improperly access the Gmail accounts of Chinese human rights activists.
– Google
has opted to turn on HTTPS for Gmail continuously by default to protect
user e-mails.
The
move follows the revelation that there have been repeated attempts to access
Gmail accounts belonging to Chinese
human rights activists, as well as calls from security and privacy experts
for Go…
“This Time, It Is Not The Usual Suspects Such As Brazil And Mexico Who Are In the Worst Positions. Instead, It Is the Industrialized Nations”
January 5th, 2010 |
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There have been a slew of articles recently on the risk of sovereign defaults. The threat of sovereign defaults is not surprising. In fact, BIS – the world’s most prestigious financial agency, nicknamed the “central banks’ central bank” – warned in …
Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade
December 8th, 2009 |
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As I have previously shown, speculative derivatives (especially credit default swaps or “CDS”) are a primary cause of the economic crisis. They were largely responsible for bringing down Bear Stearns, AIG (and see this), WaMu and other mammoth corpora…
101 Hotties Dressed As Gold Bikini’d Princess Leia
December 2nd, 2009 |
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This should pretty much be the default Halloween costume for hot girls.
(Manofest)
“By All Relevant Debt Indicators, the US Fiscal Scenario Will Soon Approximate [that of] Countries on the Verge of a Sovereign Debt Defaultâ€
November 5th, 2009 |
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Josh Lipton points out:The American Enterprise Institute for Public Policy Research (AEI) published a paper indicating that “by all relevant debt indicators, the US fiscal scenario will soon approximate the economic scenario for countries on the verg…
The Real Reason the Big Boys Don’t Want Credit Default Swaps to Be Regulated
October 9th, 2009 |
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Bloomberg has an article today quoting a couple of congress people acting as spokesmen for the 5 biggest banks: Freshman congressman McMahon told House Financial Services Committee Chairman Frank he was worried that Obama’s derivatives plan, release…